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2024-12-31-accounts

SAINT ANARGYRE GREEK ORTHODOX CHURCH TRUST IPr•viou$ty namedl: THEECUMENICAL PA TRIACHA TES CULlliRAL AND EDUCA TIONAL TRAINING CENTRE TRUSTEES, REPORT FOR THE YEAR ENDED 31* DECEMBER 2024 The management ccffnmittee present their reptKt and accounts for the year ended 31 * December 2024. Trystee5 The management committ8e members and trustees named on page 1 have served throughout the period. The appointment of trustees Is govemed by the Constitution of the Charity. Investment Powors The Constitution authori8es the trustees to manage the general funds of the Charty, whi funds are all held on bank current or deposit accounts. Constltutlon, Objects and Pollcles The chwty's goveming dtscument is the deed setting up the Trusl, r($ aims and obje¢tive$ being to promle the Greek Orthodox failh rdieving poverty and sickness, advancing education and development through a Greek Orthodox centre. A ￿ntre has been established at 1 A, Gordon House Road. London NW5 1 LW for this purpose. Developmen( Activltles and Achlevements The trustees consider that the perfomiance of the charity this period has been most satisfactory. Many cultural and social events have taken place in the Centre throughout the period. Financial Revlow The enclosed accounts stste the income. expendlture and assets of the charity-

SAINT ANARGYRE GREEK ORTHODOX CHURCH TRUST IPr•vlously namod}: THE ECUMENICAL PA TRIACHA TES CULTURAL AND EDUCA TIONAL TRAINING CENTRE TRUSTEES, REPORT FOR THE YEAR ENDED 31•1 DECEMBER 2024- Contlnued Future Devglopments The Iruslees intend to expand and improve the quality of care. education and cultural awar8n8ss of the community. Statement of T￿￿tee5. Responslbllltles The trustees are required under the CharitSes Act 1993 to prepare finanoal statements for each financial year, which give a true and fair view of the Charty's financial activities during the year and of its flnancial position al the end of the year (unless the charity is enlilled to prepare accounts on the alternative receipts and payment5 basis). In preparing financial ststements giving a true and fair view, the trustees should follow best practice and: Select suitable accounting policies and apply them fAJnsistendy. Make judgements and estimates that are reasonable and prudenl.

Stale whether applicable Acir)unting standards and statements of recommended praclii have beon followed, subjecl to any departures disdosed and explained in the financial slalements. Prepare the financkql slatemenlson a going concern basis unless il is inapproprlate to presume that the charity wll continue in Dperation. The trustees are responsible for keeping accounting records which disdose with reasonable accuracy the financial position of the charity, and which enable them to ascertain the financial position of the charity and which enable them lo ensure that the rinancial statements comply with applicable law regulations. They are also responsible for safeguarding the assets of the charity and hence for tsking reasonable steps for the prevention and detection of fraud and other irregularities. Approval This repryi was appTOV8d by the trustees on 8 October 2025 and signed on their behalf by.. kqr G Michael Chalmian

SAINT ANARGYRE GREEK ORTHODOX CHURCH TRUST (Previously named):

THE ECUMENICAL PATRIACHATES CULTURAL AND EDUCATIONAL TRAINNING CENTRE

Charity No: 299269

TRUSTEES’S REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31[st] DECEMBER 2024

File: SA14Y24

ANTONIOS HAJIANTONI FFA, FFTA Accountants

41 The Hook, New Barnet London EN5 1LQ

SAINT ANARGYRE GREEK ORTHODOX CHURCH TRUST (Previously named):

THE ECUMENICAL PATRIACHATES CULTURAL AND EDUCATIONAL TRAINING CENTRE

Charity Information for the year ended 31[st] December 2024

Management Committee Chairman: Mr George Michael Trustees Archbishop Nikitas Lioulias Of Thyateira and Great Britain Nicolas Avgousti Aris L Charalambides George Michael Frixos Kyriacou Argyros Polyviou Andrew Savva Andreas Kyriakou Charity Number 299269 Charity Offices 1A, Gordon House Road London NW5 1LN Accountants Antonios Hajiantoni FFA, FFTA 41 The Hook New Barnet London EN5 1LQ

1

SAINT ANARGYRE GREEK ORTHODOX CHURCH TRUST (Previously named):

THE ECUMENICAL PATRIACHATES CULTURAL AND EDUCATIONAL TRAINING CENTRE

Contents

Page
Trustees’ Report 3-4
Independent Examiners Report 5
Statement of Financial Activities 6
Balance Sheet 7
Notes to the Accounts 8-10

2

SAINT ANARGYRE GREEK ORTHODOX CHURCH TRUST (Previously named):

THE ECUMENICAL PATRIACHATES CULTURAL AND EDUCATIONAL TRAINING CENTRE

TRUSTEES’ REPORT FOR THE YEAR ENDED 31[st] DECEMBER 2024

The management committee present their report and accounts for the year ended 31[st] December 2024.

Trustees

The management committee members and trustees named on page 1 have served throughout the period.

The appointment of trustees is governed by the Constitution of the Charity.

Investment Powers

The Constitution authorises the trustees to manage the general funds of the Charity, which funds are all held on bank current or deposit accounts.

Constitution, Objects and Policies

The charity’s governing document is the deed setting up the Trust, its aims and objectives being to promote the Greek Orthodox faith relieving poverty and sickness, advancing education and development through a Greek Orthodox centre.

A centre has been established at 1A, Gordon House Road, London NW5 1LW for this purpose.

Development, Activities and Achievements

The trustees consider that the performance of the charity this period has been most satisfactory. Many cultural and social events have taken place in the Centre throughout the period.

Financial Review

The enclosed accounts state the income, expenditure and assets of the charity.

3

SAINT ANARGYRE GREEK ORTHODOX CHURCH TRUST

(Previously named):

THE ECUMENICAL PATRIACHATES CULTURAL AND EDUCATIONAL TRAINING CENTRE

TRUSTEES’ REPORT FOR THE YEAR ENDED 31[st] DECEMBER 2024 - Continued

Future Developments

The trustees intend to expand and improve the quality of care, education and cultural awareness of the community.

Statement of Trustees’ Responsibilities

The trustees are required under the Charities Act 1993 to prepare financial statements for each financial year, which give a true and fair view of the Charity’s financial activities during the year and of its financial position at the end of the year (unless the charity is entitled to prepare accounts on the alternative receipts and payments basis). In preparing financial statements giving a true and fair view, the trustees should follow best practice and:

The trustees are responsible for keeping accounting records which disclose with reasonable accuracy the financial position of the charity, and which enable them to ascertain the financial position of the charity and which enable them to ensure that the financial statements comply with applicable law regulations. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

Approval

This report was approved by the trustees on 8[th] October 2025 and signed on their behalf by:

Mr G Michael Chairman

4

SAINT ANARGYRE GREEK ORTHODOX CHURCH TRUST (Previously named):

THE ECUMENICAL PATRIACHATES CULTURAL AND EDUCATIONAL TRAINING CENTRE

Independent Examiners Report for the year ended 31[st] December 2024

We have examined the financial statements on pages 6 to 10, which have been prepared under the accounting policies set out on pages 8 to 10.

Respective responsibilities of trustees and examiner

As the charity’s trustees you are responsible for the preparation of the accounts, you consider that the audit requirement of Section 43(2) of the Charities Act 1993 (the Act) does not apply. It is our responsibility to state, based on procedures specified in the General Directions given by the Charity Commissioners under Section 43(7)(b) of the Act, whether particular matters have come to our attention.

Basis of independent examiner’s report

Our examination was carried out in accordance with the General Directions given by the Charity Commissioners. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently we do not express an audit opinion on the view given by the accounts.

Independent examiner’s statement

In connection with our examination, no matter has come to our attention:

  1. which gives us reasonable cause to believe that in any material respect the requirements to keep accounting records in accordance with Section 41 of the Act; and to prepare accounts which accord with the accounting records and to comply with the accounting requirements of the Act have not been met; or

  2. to which, in our opinion attention should be drawn to enable a proper understanding of the accounts to be reached.

A L Charles Limited

Unit 2.15, Barley Mow Centre 10 Barley Mow Passage London W4 4PH

Chartered Certified Accountants

5

SAINT ANARGYRE GREEK ORTHODOX CHURCH TRUST

(Previously named):

THE ECUMENICAL PATRIACHATES CULTURAL AND EDUCATIONAL TRAINING CENTRE

STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31[ST] DECEMBER 2024

Note
s
Incoming Resources
Donations, collections and functions
Hire of hall and rents received
Interest received
Total incoming resources
Resources Expended
Direct charitable running costs
2
Depreciation
Donations
Management and administration of the charity
4
Total expenditure
Net movement in funds for the period
Funds brought forward
Total funds carried forward		 2024
£
34,767
71,595
3,659
110,021
70,336
14,592
5,520
22,862
113,310
-3,289
680,128
676,839		 2023
£
37,670
71,450
3,090
112,210
94,652
14,919
6,900
21,403
137,874
-25,664
705,822
680,158

There were no recognised gains or losses for the period other than those included in the Statement of Financial Activities.

The notes on pages 8 to 10 form part of these accounts.

6

SAINT ANARGYRE GREEK ORTHODOX CHURCH TRUST (Previously named):

THE ECUMENICAL PATRIACHATES CULTURAL AND EDUCATIONAL TRAINING CENTRE

BALANCE SHEET AS AT 31[st] DECEMBER 2024

Notes
Fixed Assets
6
Current Assets
Cash at bank
Stock of candles
Less Creditors
Capital
Unrestricted funds		 2024
£
£
434,217
243,402

500
243,902
678,119
-1,280
676,839
676,839		 2023
£
£
448,809
234,512
500
235,012
683,821
-3,663
680,158
680,158		 2023
£
£
448,809
234,512
500
235,012
683,821
-3,663
680,158
680,158
683,821
-3,663
680,158
680,158

Approved by the board on 8[th] October 2025 and signed on its behalf by:

G Michael – Chairman

The notes on pages 8 to 10 form part of these accounts.

7

SAINT ANARGYRE GREEK ORTHODOX CHURCH TRUST

(Previously named):

THE ECUMENICAL PATRIACHATES CULTURAL AND EDUCATIONAL TRAINING CENTRE

NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31[ST] DECEMBER 2024

1. Accounting Policies

Basis of preparation of the accounts

The accounts are prepared under the historical cost convention and on a going concern basis, which assumes the continued support of the Charity’s main grant providers. The accounts include the results of the charity’s operations, which are described in the Trustees’ Report and all of which are continuing.

The accounts have been prepared in accordance with the Statement of Recommended Practice for charity accounts.

The charity has taken advantage of the exemption of the Financial Reporting Standards No.1 from the requirement to produce a cash flow statement on the grounds that it qualifies as a small charity.

Income

Voluntary income and donations are accounted for as received by the charity. The income from fundraising ventures is shown gross, with the associated costs included in the fundraising costs. No permanent endowments have been received in the period.

Value Added Tax

Value Added Tax is not recoverable by the charity, and as such is included in the relevant costs in the Statement of Financial Activities.

Fixed Assets

Depreciation of 10% was provided at cost of fixtures and fittings.

Management and administration expenditure

Expenditure on management and administration of the charity includes all expenditure not directly related to the charitable activity or fundraising ventures.

8

SAINT ANARGYRE GREEK ORTHODOX CHURCH TRUST

(Previously named):

THE ECUMENICAL PATRIACHATES CULTURAL AND EDUCATIONAL TRAINING CENTRE

NOTES TO THE ACCOUNTS (continued) FOR THE YEAR ENDED 31[ST] DECEMBER 2024

2. Direct charitable expenditure – Running costs

Printing, postage, stationery and advertising
Rates, water rates and insurance
Light and heat
Telephone
Repairs
Cost of functions
General expenses		 2024
£
240
6,154
15,243
997
36,916
7,330
3,456
70,336		 2023
£
1,329
11,381
12,497
857
57,194
9,487
1,907
**94,652 **

3. Administration expenditure

Printing, postages, stationery
Rates, water rates and insurance
General expenses		 2024
£
240
6,154
3,459
9,853		 2023
£
1,329
11,381
1,907
14,617

4. Staff costs

No remuneration was paid to the trustees in the year, nor were any trustees’ expenses reimbursed

Wages and NIC 2024
£
22,862
22,862		 2023
£
21,403
21,403

The average weekly number of staff employed by the charity during the period was one employee.

5. Donations

Patriarchate of Constantinople
Archdiocese of Thyatira & Gr. Britain
Sundry donations		 2024
£
0
3,600
1,920
5,520		 2023
£
700
2,600
3,600
6,900

9

SAINT ANARGYRE GREEK ORTHODOX CHURCH TRUST

(Previously named):

THE ECUMENICAL PATRIACHATES CULTURAL AND EDUCATIONAL TRAINING CENTRE

NOTES TO THE ACCOUNTS (continued) FOR THE YEAR ENDED 31[ST] DECEMBER 2024

6. Depreciation

epreciation
Fixtures and fittings:
10% on reducing balance
Freehold property:
2% on reducing balance		 2024
£
2,942
11,650
**14,592 **		 2023
£
3,269
11,650
14,919

7. Tangible Fixed Assets

Cost:
Balance brought forward
Additions
Depreciation brought forward
Depreciation for the year
Net Book Values:
At 31 December 2024
At 31 December 2023		 Freehold
Property
£
684,780
0		 Fixtures
& Fittings
£
130,473
0		 Total
£
815,253
0
684,780
265,395
11,650
277,045
407,735
419,385		 130,473
101,049
2,942
102,991
26,482
29,424		 815,253
366,444
14,592
381,036
434,217
448,809

10

SAINT ANARGYRE GREEK ORTHODOX CHURCH TRUST (Previously named): THE ECUMENICAL PA TRIACHA TES CUL TURAL AND EDUCA TIONAL TRAINING CENTRE Independent Examiners Report for the year ended 31st December 2024 We have examined the financial statements on pages 6 to 10, which have been prepared under the accounting policies set out on pages 8 to 10. Respective responsibilities of trustees and examiner As the charity's trustees you are responsible for the preparation of the accounts, you consider that the audit requirement of Section 43(2) of the Charities Act 1993 (the Act) does not apply. It is our responsibility to state, based on procedures specified in the General Directions given by the Charity Commissioners under Section 43(7)(b) of the Act, whether particular matters have come to our attention. Basis of independent examiner's report Our examination was carried out in accordance with the General Directions given by the Charity Commissioners. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently we do not express an audit opinion on the view given by the accounts. Independent examiner's statement In connection with our examination, no matter has come to our attention: which gives us reasonable cause to believe that in any material respect the requirements to keep accounting records in accordance with Section 41 of the Act" and to prepare accounts which accord with the accounting records and to comply with the accounting requirements of the Act have not been met. or 2. to which, in our opinion attention should be drawn to enable a proper understanding of the accounts to be reached. A L Charles Limited Unit 2.15, Barley Mow Centre 10 Barley Mow Passage London W4 4PH Chartered Certified Accountants